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Glycolic Acid Market Analysis By Application (Personal Care, Household, Industrial), And Segment Forecasts To 2024

Glycolic Acid Market Analysis By Application (Personal Care, Household, Industrial), And Segment Forecasts To 2024

The global glycolic acid market is expected to reach USD 415.0 million by 2024, according to a new report by Grand View Research, Inc. Growing use of the product in various applications including personal care and household is expected to drive demand. The product is extensively used in the manufacturing of cleaning agent formulations as well as skin care creams, thus promoting its growth.

Personal care application is expected to be valued at over USD 96.0 million in 2015 driven by increasing use of the product in cosmeceutical preparations such as skin creams, lotions for treatment of blackheads, acne face lines and the treatment of oiliness. In addition, the demand for glycolic acid based skin peels for face cleansing is expected to bolster the demand over the forecast period.

Growing use of the product in shampoo formulations for treatment of dandruff and hair conditioning is expected to augment demand over the projected period. However, availability of alternate products such as salicylic acid coupled with stringent regulations by bodies such as Food and Drug Administration (FDA) limiting the concentration of glycolic acid in personal care products is expected to restrain growth.

Further key findings from the report suggest:

The industrial application segment is expected to be valued at over USD 42.0 million by 2024 owing to its increasing application scope in concrete removal, dairy and food equipment cleaner, industrial chemical manufacturing, oil and petrol refining and metal cleaning & finishing. Superior properties exhibited by the product including corrosion resistance, negligible odor, low toxicity, and low inflammability are expected to promote its use over the forecast period.

In Europe, the market in Italy is expected to exhibit highest growth rate of over 11.5% from 2016 to 2024 owing to increasing demand for glycolic acid in the production of skin care creams and lotions and face peels. In addition, increasing demand for glycolic acid by cosmetics manufacturers in the country is expected to drive the demand for the product over the forecast period.

Asia Pacific is expected to witness highest CAGR of over 12.0% over the period 2016 to 2024 driven by rising demand for glycolic acid based household cleaners coupled with a growing demand for beauty products. Abundant raw material availability coupled with the presence of a large number of manufacturer base is likely to have a positive impact on market growth.

Key players in the industry include Parchem, DuPont, CrossChem LP, Phibro Animal Health Corporation and Chemsolv Inc.


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Glycolic Acid Market- Industry summary and key buying criteria, 2013 - 2024
Chapter 3. Glycolic Acid Industry Outlook
3.1. Glycolic acid market segmentation
3.2. Glycolic acid market size and growth prospects, 2013 - 2024
3.3. Glycolic acid market - Value chain analysis
3.3.1. Vendor landscape
3.4. Raw material outlook
3.5. Technology overview
3.6. Regulatory framework
3.7. Glycolic acid market dynamics
3.7.1. Market driver analysis
3.7.2. Market restraint analysis
3.8. Key market opportunities - Prioritized
3.9. Industry analysis - Porter's
3.10. Glycolic acid competitive scenario, 2015
3.11. Glycolic acid market PESTEL analysis, 2015
Chapter 4. Glycolic Acid Application Outlook
4.1. Glycolic acid market share by application, 2015 & 2024
4.2. Personal care
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Household
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.4. Industrial
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 - 2024
4.5. Others
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 5. Glycolic Acid Regional Outlook
5.1. Glycolic acid market share by region, 2015 & 2024
5.2. North America
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by application, 2013 - 2024
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2013 - 2024
5.2.3.2. Market estimates and forecast, by application, 2013 - 2024
5.2.4. Canada
5.2.4.1. Market estimates and forecast, 2013 - 2024
5.2.4.2. Market estimates and forecast, by application, 2013 - 2024
5.2.5. Mexico
5.2.5.1. Market estimates and forecast, 2013 - 2024
5.2.5.2. Market estimates and forecast, by application, 2013 - 2024
5.3. Europe
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.3. Germany
5.3.3.1. Market estimates and forecast, 2013 - 2024
5.3.3.2. Market estimates and forecast, by application, 2013 - 2024
5.3.4. Italy
5.3.4.1. Market estimates and forecast, 2013 - 2024
5.3.4.2. Market estimates and forecast, by application, 2013 - 2024
5.3.5. France
5.3.5.1. Market estimates and forecast, 2013 - 2024
5.3.5.2. Market estimates and forecast, by application, 2013 - 2024
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4.3. China
5.4.3.1. Market estimates and forecast, 2013 - 2024
5.4.3.2. Market estimates and forecast, by application, 2013 - 2024
5.4.4. India
5.4.4.1. Market estimates and forecast, 2013 - 2024
5.4.4.2. Market estimates and forecast, by application, 2013 - 2024
5.4.5. Japan
5.4.5.1. Market estimates and forecast, 2013 - 2024
5.4.5.2. Market estimates and forecast, by application, 2013 - 2024
5.5. Latin America
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by application, 2013 - 2024
5.5.3. Brazil
5.5.3.1. Market estimates and forecast, 2013 - 2024
5.5.3.2. Market estimates and forecast, by application, 2013 - 2024
5.6. Middle East and Africa
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast, by application, 2013 - 2024
5.6.3. South Africa
5.6.3.1. Market estimates and forecast, 2013 - 2024
5.6.3.2. Market estimates and forecast, by application, 2013 - 2024
Chapter 6. Competitive Landscape
6.1. Sigma Aldrich
6.1.1. Company Overview
6.1.2. Financial Performance
6.1.3. Product Benchmarking
6.1.4. Strategic Initiatives
6.2. E.I.DuPont de Nemours and Company
6.2.1. Company Overview
6.2.2. Financial Performance
6.2.3. Product Benchmarking
6.2.4. Strategic Initiatives
6.3. CrossChem LP
6.3.1. Company Overview
6.3.2. Financial Performance
6.3.3. Product Benchmarking
6.3.4. Strategic Initiatives
6.4. Parchem fine and specialty chemicals
6.4.1. Company Overview
6.4.2. Financial Performance
6.4.3. Product Benchmarking
6.4.4. Strategic Initiatives
6.5. Simco Chemicals
6.5.1. Company Overview
6.5.2. Financial Performance
6.5.3. Product Benchmarking
6.5.4. Strategic Initiatives
6.6. Phibro Animal Health Corporation
6.6.1. Company Overview
6.6.2. Financial Performance
6.6.3. Product Benchmarking
6.6.4. Strategic Initiatives
6.7. Chemsolv Inc
6.7.1. Company Overview
6.7.2. Financial Performance
6.7.3. Product Benchmarking
6.7.4. Strategic Initiatives
6.8. Griffin International Inc.
6.8.1. Company Overview
6.8.2. Financial Performance
6.8.3. Product Benchmarking
6.8.4. Strategic Initiatives
6.9. Mehul Dyechem Industries
6.9.1. Company Overview
6.9.2. Financial Performance
6.9.3. Product Benchmarking
6.9.4. Strategic Initiatives
6.10. Chemours
6.10.1. Company Overview
6.10.2. Financial Performance
6.10.3. Product Benchmarking
6.10.4. Strategic Initiatives
List of Tables
1. Glycolic Acid - Industry Summary and Key Buying Criteria, 2013 – 2024
2. Glycolic acid market estimates and forecast, 2013 - 2024 (Tons)
3. Glycolic acid market estimates and forecast, 2013 - 2024 (USD Million)
4. Glycolic acid market revenue, by region, 2013 - 2024 (Tons)
5. Glycolic acid market revenue, by region, 2013 - 2024 (USD Million)
6. Glycolic acid market revenue, by application, 2013 - 2024 (Tons)
7. Glycolic acid market revenue, by application, 2013 - 2024 (USD Million)
8. Vendor landscape
9. Glycolic acid – Key market driver analysis
10. Glycolic acid – Key market restraint analysis
11. Glycolic acid competitive scenario, 2015
12. Glycolic acid market estimates and forecast in personal care, 2013 - 2024 (Tons) (USD Million)
13. Glycolic acid market volume in personal care, by region, 2013 - 2024 (Tons)
14. Glycolic acid market revenue in personal care by region, 2013 - 2024 (USD million)
15. Glycolic acid market estimates and forecast in household, 2013 - 2024 (Tons) (USD Million)
16. Glycolic acid market volume in household, by region, 2013 - 2024 (Tons)
17. Glycolic acid market revenue in household, by region, 2013 - 2024 (USD million)
18. Glycolic acid market estimates and forecast in industrial, 2013 - 2024 (Tons) (USD Million)
19. Glycolic acid market volume in industrial, by region, 2013 - 2024 (Tons)
20. Glycolic acid market revenue in industrial, by region, 2013 - 2024 (USD million)
21. Glycolic acid market estimates and forecast in others, 2013 - 2024 (Tons) (USD Million)
22. Glycolic acid market volume in others, by region, 2013 - 2024 (Tons)
23. Glycolic acid market revenue in others, by region, 2013 - 2024 (USD million)
24. North America glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
25. North America glycolic acid market volume, by application, 2013 - 2024 (Tons)
26. North America glycolic acid market volume, by application, 2013 - 2024 (USD million)
27. U.S. glycolic acid estimates and forecast, 2013 - 2024 (Tons) (USD Million)
28. U.S. glycolic acid market volume, by application, 2013 - 2024 (Tons)
29. U.S. glycolic acid composites market volume, by application, 2013 - 2024 (USD million)
30. Canada glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
31. Canada glycolic acid market volume, by application, 2013 - 2024 (Tons)
32. Canada glycolic acid market volume, by application, 2013 - 2024 (USD million)
33. Mexico glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
34. Mexico glycolic acid market volume, by application, 2013 - 2024 (Tons)
35. Mexico glycolic acid market volume, by application, 2013 - 2024 (USD million)
36. Europe glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
37. Europe glycolic acid market volume, by application, 2013 - 2024 (Tons)
38. Europe glycolic acid market volume, by application, 2013 - 2024 (USD million)
39. Germany glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
40. Germany glycolic acid market volume, by application, 2013 - 2024 (Tons)
41. Germany glycolic acid market volume, by application, 2013 - 2024 (USD million)
42. Italy glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
43. Italy glycolic acid market volume, by application, 2013 - 2024 (Tons)
44. Italy glycolic acid market volume, by application, 2013 - 2024 (USD million)
45. Spain glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
46. Spain glycolic acid market volume, by application, 2013 - 2024 (Tons)
47. Spain glycolic acid market volume, by application, 2013 - 2024 (USD million)
48. Asia Pacific glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
49. Asia Pacific glycolic acid market volume, by application, 2013 - 2024 (Tons)
50. Asia Pacific glycolic acid market volume, by application, 2013 - 2024 (USD million)
51. China glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
52. China glycolic acid market volume, by application, 2013 - 2024 (Tons)
53. China glycolic acid market volume, by application, 2013 - 2024 (USD million)
54. India glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
55. India glycolic acid market volume, by application, 2013 - 2024 (Tons)
56. India glycolic acid market volume, by application, 2013 - 2024 (USD million)
57. Japan glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
58. Japan glycolic acid market volume, by application, 2013 - 2024 (Tons)
59. Japan glycolic acid market volume, by application, 2013 - 2024 (USD million)
60. Latin America glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
61. Latin America glycolic acid market volume, by application, 2013 - 2024 (Tons)
62. Latin America glycolic acid market volume, by application, 2013 - 2024 (USD million)
63. Brazil glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
64. Brazil glycolic acid market volume, by application, 2013 - 2024 (Tons)
65. Brazil glycolic acid market volume, by application, 2013 - 2024 (USD million)
66. MEA glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
67. MEA glycolic acid market volume, by application, 2013 - 2024 (Tons)
68. MEA glycolic acid market volume, by application, 2013 - 2024 (USD million)
69. South Africa glycolic acid market estimates and forecast, 2013 - 2024 (Tons) (USD Million)
70. South Africa glycolic acid market volume, by application, 2013 - 2024 (Tons)
71. South Africa glycolic acid market volume, by application, 2013 - 2024 (USD million)

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